Comments on: Another Boom = Another Bust? What do you think? http://perkettprsuasion.com/2007/09/24/another-boom-another-bust-what-do-you-think/ The PerkettPR Blog Mon, 26 Jul 2010 13:17:26 +0000 http://wordpress.org/?v=abc hourly 1 By: Matthew Mamet http://perkettprsuasion.com/2007/09/24/another-boom-another-bust-what-do-you-think/comment-page-1/#comment-3 Matthew Mamet Mon, 24 Sep 2007 16:13:18 +0000 http://perkettprsuasion.com/?p=14#comment-3 Here's a recent headline from TechCrunch: "Virtual world goods seller PlaySpan has received $6.5 million Series A - Founder In Grade 6." <a href="http://www.techcrunch.com/2007/09/19/playspan-takes-65m-series-a-founder-in-grade-6/" rel="nofollow">http://www.techcrunch.com/2007/09/19/playspan-takes-65m-series-a-founder-in-grade-6/</a> Yes, I think we're starting to see some of the "irrational exuberance" that characterized the Dot.com era. I also agree that that the over-simplification of names and labels helps lead some down a bad path. The phrase "Web 2.0" has mutated from a paraphrase of "user generated content on the semantic web" to a catchprase and label applied to the next "hot company." Here’s a recent headline from TechCrunch: “Virtual world goods seller PlaySpan has received $6.5 million Series A – Founder In Grade 6.”

http://www.techcrunch.com/2007/09/19/playspan-takes-65m-series-a-founder-in-grade-6/

Yes, I think we’re starting to see some of the “irrational exuberance” that characterized the Dot.com era. I also agree that that the over-simplification of names and labels helps lead some down a bad path. The phrase “Web 2.0″ has mutated from a paraphrase of “user generated content on the semantic web” to a catchprase and label applied to the next “hot company.”

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